The European Union’s banking watchdog, the European Banking Authority (EBA), has issued new guidance for cryptocurrency firms to comply with its anti-money laundering and terrorist-financing requirements. This move aims to harmonize the approach that crypto asset service providers (CASP) across the EU …
The European Union’s banking watchdog, the European Banking Authority (EBA), has issued new guidance for cryptocurrency firms to comply with its anti-money laundering and terrorist-financing requirements. This move aims to harmonize the approach that crypto asset service providers (CASP) across the EU …
Chainlink, a decentralized oracle network, has announced the integration of Circle’s Cross-Chain Transfer Protocol (CCTP) into its Cross-Chain Interoperability Protocol (CCIP). This integration aims to simplify the process of transferring USDC, a stablecoin, across different blockchain networks. According to a press release, …
Grayscale, the owner of the Grayscale Bitcoin Trust (GBTC), has sent an additional 9,000 bitcoin to an exchange, signaling ongoing net selling of the product following its conversion to a spot exchange-traded fund (ETF). The move comes after U.S. regulatory approval for …
BlackRock, one of the world’s largest asset managers, is reportedly considering launching an Ethereum exchange-traded fund (ETF) following the successful debut of its Bitcoin ETF. The CEO of BlackRock, Larry Fink, has highlighted the value of Ethereum’s blockchain technology and its transformative …
The U.S. dollar’s position as the linchpin of the international financial system is facing increasing scrutiny, according to a report by Wall Street giant Morgan Stanley. The report highlights the shifting geopolitical currents and the growing twin deficits of the United States …
Cantor Fitzgerald CEO Howard Lutnick has provided strong validation for stablecoin issuer Tether, addressing one of the major concerns surrounding the cryptocurrency. In an interview with Bloomberg TV, Lutnick vouched for Tether’s legitimacy, stating, “They have it,” in reference to the money …
is the potential entry of large institutional players like BlackRock and Goldman Sachs into the market. These institutions have significant financial resources and could potentially exert a strong influence on the Bitcoin ecosystem. One area where this influence could be felt is …
Decentralized finance (DeFi) has had its fair share of challenges, particularly during the recent implosion of FTX U.S., which led to a near bank run on centralized exchanges (CEXs). However, there is still hope for DeFi to shine, and many indicators suggest …
Coinbase, one of the largest cryptocurrency exchanges in the United States, is preparing to argue against the Securities and Exchange Commission (SEC) in a federal courtroom. The company is challenging the SEC’s claims that it has been trading unregistered securities, and the …